The state of the nation.

After 2012, financial advisers will have to choose a path.

Either, they can sell a simple range of products, which will have commission built in, so you don’t have to pay up front for their work.

Or, they can be professionals – highly qualified and charge fees for their work.

There’s a lot of argument at the moment about the finer points, but that is the upshot.

Please forgive the gung-ho marketing, but I’ve been waiting for this development since 1995.  I am already running with the second path for my business, three years early.  If you need advice about your money, and you want to know what you’re paying for that advice, we need to talk.

Getting Good Financial Advice certified, chartered, Fee, Fee-based advice, impartial, independent, Retail Distribution Review

As I take the plunge myself, and become an un-shackled financial planner (I mean starting up in business), I’ve been wondering…What it is about financial advisers that makes us all think we can do better than what the already cluttered market place has to offer?

Just imagine if this was common in all jobs? Teachers leaving their schools to set up new schools, new refuse collection services springing up everywhere as the binmen (forgive me if that’s un p.c.) all leave their yellow trucks. Read more…

Getting Good Financial Advice advice, commission, impartial, proposition